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Online Retail ETF (NY: ONLN )

42.71 +0.89 (+2.13%)
Official Closing Price Updated: 4:10 PM EDT, Sep 19, 2024 Add to My Watchlist
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Amazon Joins UPS In Raising Hourly Pay As Worker Compensation Trends Upward
Amazon raises hourly pay by $1.50 for front-line employees, bringing average total compensation to $29/hr. Total investment of $2.2B for 800K employees. 
Via Benzinga
Amazon To Cut Management Layers, End Work From Home
Amazon CEO Andy Jassy is making changes to reduce bureaucracy and increase in-office work, sparking concerns and affecting stock prices. 
Via Benzinga
Amazon E-Commerce Is A 'Loss-Leader' ... Its Real Money Is In 'Services,' Says Analyst
Amazon's success not based on e-commerce, but high-margin services like advertising and cloud; e-commerce only accounts for 58% of revenue. 
Via Benzinga
Alibaba's Taobao and Tmall Launch New Tech Venture, Eyeing Global Market Growth
Alibaba forms new digital technology company with focus on goods, food, and tech services. Stock down 13% in past year due to crackdown and competition 
Via Benzinga
Chinese Retail Giant PDD Plummets Nearly 30% After Disappointing Earnings: Which ETFs Are Most Impacted?
ADRs of PDD Holdings Inc. plunged 30% due to disappointing Q2 earnings and a bleaker revenue forecast, causing ETFs with exposure to suffer. 
Via Benzinga
Topics ETFs
Why Is Fashion Retailer Buckle Stock Gaining Today?
Buckle reported second-quarter earnings per share of 78 cents, missing the street view of 80 cents. Quarterly decreased 3.4% to $282.4 million, beating the analyst consensus of $272.4 million. 
Via Benzinga
Amazon Web Services Commits Over $6B To Malaysia With New Cloud Region
Amazon Web Services plans to invest $6.2 billion in Malaysia through 2038, launching a new region that will contribute $12.1 billion to GDP. 
Via Benzinga
Alibaba's Taobao Overhaul Boosts Growth: Analyst Expects 6% Quarterly Revenue Spike
Bank of America raises Alibaba's outlook, predicts 6% revenue spike due to Taobao overhaul and expected growth in Chinese market. Target price $106. 
Via Benzinga
Amazon's Weak Sales Spoil Investors' Mood: ETFs In Focus
Shares of Amazon dropped as much as 8% in aftermarket hours on elevated volume. ETFs having a substantial allocation to this online behemoth have been in focus. 
Via Talk Markets
Topics ETFs
E-commerce Giant eBay Posts Solid Q2 Results Despite Economic Uncertainty: Details
eBay reports Q2 FY24 revenue growth of 1%, beats consensus. Gross Merchandise Volume up 1% Y/Y. Adjusted EPS beats consensus. 
Via Benzinga
A Look At Retail ETFs Post Q1 Earnings
Most of the big-box retailers came up with an earnings or revenue beat or both. The results had a mixed impact on retail ETFs. 
Via Talk Markets
Topics ETFs
Alibaba Rival PDD's Explosive Growth Continues, Revenue More Than Doubles
PDD Holdings Inc (NASDAQ: PDD) reported 131% revenue growth, beating analyst estimates. Adjusted earnings and operating profit also exceeded expectations. 
Via Benzinga
Alibaba Sparks AI Price War With Massive Discounts: Report
Alibaba Group (NYSE:BABA) has drastically cut prices on its AI services by up to 97%, sparking a fierce price war in China's burgeoning AI sector. Competitors Baidu (NASDAQ:BIDU) and ByteDance have... 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Alibaba and Douyin Partner In Strategic Move to Dominate China's Midyear Shopping Craze
Alibaba's Taobao and Tmall platforms are teaming up with Douyin to attract users for the Chinese shopping festival. AI is also being used to boost e-commerce. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Alibaba Boosts E-Commerce Edge with AI, Despite Shrinking Market Share
Alibaba Group uses AI to stay competitive in Chinese e-commerce market. Wenwen chatbot gives personalized recommendations. Net profit up, stock down. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Amazon's Upfront Presentation Highlights Strong Push into Movies and Sports Advertising: Analyst
Oppenheimer analyst reiterates Outperform rating on Amazon, highlighting pricey talent, heavy movie focus, and potential for ad revenue growth. 
Via Benzinga
Alibaba Stock Dips as Huge Investment Losses In Q4 Overshadow Revenue Growth and Dividend
Alibaba Group reported lower stock after Q4 2023 results, with $30.73B revenue and $1.40 EPS. Strong growth in Taobao, Tmall, and Cainiao. 
Via Benzinga
Alibaba's New AI Model Claims to Beat OpenAI's GPT-4 in Language Skills
Alibaba Cloud unveils new large language model Qwen2.5, surpassing OpenAI's GPT-4 in language creation but excelling in other areas. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Amazon's AWS Mega Investment Marks Indiana's Biggest Capital Infusion Ever
Amazon Web Services (AWS) investing $11B in Indiana to create 1,000 jobs. AWS leads the global cloud market and plans to expand in Southeast Asia. 
Via Benzinga
Amazon Aims to Outdo Walmart's Retail Game, Boosts Cashierless Tech in Stores
Amazon plans to expand its Just Walk Out cashierless shopping technology to more stores, while also testing smart carts and revamping its Fresh locations. 
Via Benzinga
5 ETFs To Tap Amazon's Growth Story
Amazon registered its first new all-time high in almost three years during Thursday's trading session, and it was seen edging close to the $2 trillion mark. Here is a closer look at some ETFs that may... 
Via Talk Markets
Topics ETFs
US Embargo On Nvidia Stings Hard, China's AI Development Lags Peers: Alibaba's Joe Tsai Reveals
Alibaba co-founder Joe Tsai says China is 2 years behind US in AI development due to technology restrictions. Companies seek alternatives to circumvent limitations. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Amazon Revives Bellevue Tower Construction, Eyes Office Expansion Amid Hybrid Work Shift
Amazon resumes construction of 42-story office tower in Bellevue, Seattle suburb, after pandemic pause. Aims for hybrid work model with 25,000 workers in Bellevue and strategic real estate plan. 
Via Benzinga
Is Amazon Poised for Major Shift With Potential Dividends and Share Buybacks on the Horizon?
Amazon may change its conservative approach to returning capital to shareholders due to its substantial cash reserves, potentially introducing share buybacks and dividends. 
Via Benzinga
Amazon AWS Launches Deadline Cloud, To Transform Media and Entertainment Content Creation Rendering
Amazon introduces Deadline Cloud, a service for media & entertainment to use AWS cloud for rendering. It simplifies setup, scaling & offers cost management. 
Via Benzinga
Why Overstock Parent Beyond Shares Are Rising Today
Beyond, Inc. (BYON) sees share rise after partnering with X, aiming to engage over 100 million U.S. users with tailored content and brand messaging. 
Via Benzinga
Alibaba's Logistics Arm Cainiao Boosts Employee Bonuses, Plans Major Incentive Overhaul
Cainiao Smart Logistics Network, owned by Alibaba, plans to double employee bonuses after IPO was scrapped. Alibaba focuses on global expansion. 
Via Benzinga
Topics Initial Public Offering
Exposures Securities Market
Alibaba Halts Ling Shou Tong Operations, Proposes $3.75B Cainiao Share Purchase Amid Global Expansion Plans
Alibaba Group and its logistics subsidiary, Cainiao, have withdrawn their IPO application and offered to buy back shares from minority shareholders for up to $3.75B. Integration with e-commerce... 
Via Benzinga
Topics Initial Public Offering
Exposures Securities Market
Alibaba Hits Pause on Retail Platform to Reinvent Business Strategy and Dive into AI
Alibaba halts operations of LST platform, attributing it to business adjustments. It plans to introduce new RISC-V processor to counter US export controls. 
Via Benzinga
Alibaba Unveils New Processor and Open-Source Laptop Based On RISC-V Processors
Alibaba's Damo Academy to launch new RISC-V processor, C930, in response to US trade restrictions. RISC-V gaining traction as alternative. 
Via Benzinga
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